Posted by The invention of the internet is nothing short of a miracle, connecting corners of the world in milliseconds. While the internet revolutionized every known aspect of life, a new economy emerged and soon became the country’s backbone. E-commerce is the biggest boon of the internet and the new mantra for a flourishing business. Online streaming platforms, virtual classrooms, eCommerce stores, online shopping applications, and the internet has every piece of information and service for users. Undoubtedly, a strong presence on the internet today equals a sound revenue system.
Let’s look at the most convenient way to achieve this, outsourcing.
What is outsourcing?
There are two ways to build online software, by accumulating a team of professionals and resources or letting a third party do the job. The latter is the definition of outsourcing, allowing a third party to handle the tiring development task. Hiring and training is a time and cost-consuming process. However, outsourcing companies have a skilled and experienced team ready, with thousands of successful projects on the internet. They have a firm grip on the market and frankly know the ins and outs. Outsourcing development companies make use of the latest and trending designing tools, ensuring the launch of an error-free product. Moreover, some companies even continue to assist during the maintenance and upgrading of servers.
Whether you are a newbie starting the journey or an established name looking for a transformation, outsourcing companies’ services can be availed by all.
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Benefits of Outsourcing companies
1. Saves your money and time
Compared to alternatives, there are no hiring and training costs to fill in. In addition, you can choose a team that fits your requirements list. Rome wasn’t built in a day, so your project won’t be as well. The competent developers at outsourcing companies will create a creative and competitive application within your time limit. Furthermore, it gives you extra time to figure out other aspects of the product, advertising, and marketing.
2. Better product quality
Nobody likes an application that doesn’t work correctly or is incapable of protecting data. Outsourcing companies ensure your product goes through prior testing, checking for bugs and security lapses. Additionally, applications also go through some standard tests on the internet, earning credible certificates. With better accountability and transparency of work structure, the creative and administrative controls remain primarily with you. Security is an uncompromisable parameter of development. Outsourced software Development Company pays special heed to security layers than in-house developers.
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3. Robust and scalable products
With a team of proficient and professional developers from all corners of the world, the scalability and reusability of products increase significantly. Everything is organized and kept simple for other developers to understand, from the documentation to the libraries and frameworks used. Outsourcing services use the latest tech tools for user-friendly and interactive designing, creating robust and practical solutions for your brand.
Factors affecting the cost of development
While each company will try to lure you with cheap rates, it becomes crucial to realize good development doesn’t come cheap. These companies may save you money, but you will have to spend a good number for a customizable and scalable product.
1. Size of software
Are you simply building a website or web application? Are you building hybrid or native mobile applications? Are you making an entire customized and personalized software to handle the whole data of your company? As the size of the project grows, so do resources and development time. Upgrading takes much less time than starting from scratch.
2. Type of Software
As mentioned, starting from the beginning consumes more effort and time for developers. Before starting development and designing, research and discussion about the needs and roles of the project will be held. A detailed overview will be prepared, followed by a prototype for a whole idea about functionality. For upgrading, the initial designs’ quality and the framework’s security will be tested.
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Rates of development in different areas
1. Asia – Undoubtedly, Asia is the IT pool’s primary host. Millions of students aspire to be a developer every day, and outsourcing companies are full of talent. The cost goes as low as possible and as high as unexpected. However, most successful projects come from this corner of the world. Indian developers usually work between $16 to $52, while Chinese developers’ hourly rates start from $19 and end at around $40. Point to note down, high cost doesn’t translate to good development. Always do a thorough reading of the pros and cons of a company before finalizing one.
2. Europe – Usually preferred for language and effective communication, Europe is the oldest home of outsourcing companies. Many multinational companies prefer to outsource near offices and hence Europe. The rates go from $20 to $150.
3. America – the culture of outsourcing might be a little dull in the states, but their developers are more capable than anyone else. A little high on the spectrum, their rates start from $50 hourly and end swiftly at $200.
4. Africa – containing the most potential for IT services, low prices are a great attraction of Africa. The spectrum lies between $20 to $50, contrasting with other countries.